Avolon and Air New Zealand Form Clean Tech Aircraft Partnership Focusing on Battery Hybrid and Hydrogen Technologies
Avolon, a leading global aviation finance company, and Air New Zealand have agreed a memorandum of understanding to partner on research to support the commercialisation of electric aircraft, and other novel propulsion technologies including battery hybrid and hydrogen. The agreement also includes the signing a letter of intent (LOI) for the sale and leaseback of a BETA Alia CX300 electric cargo aircraft.
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